Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

On International Women’s Day ICMIF members are leading the way in diversity

On International Women’s Day 2019 (Friday 8 March), we are proud to share the details of some of our work in the pursuit of a “Balance for Better” – the theme of this year’s day. A balanced world is a better world and ICMIF and its members are working to forge a more gender-balanced world; we celebrate women’s […]

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How ICMIF members are contributing towards gender equality through the 5-5-5 Mutual Microinsurance Strategy

The theme for this year’s International Women’s Day, #balanceforbetter, is based on the principle that “gender balance is essential for economies and communities to thrive”. However, with 783 million people living below the international poverty line of USD 1.90/day (according to the United Nations), there are many communities around the world that are not thriving. The distribution […]

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Japanese Young Leaders share the benefits of their experiences of the ICMIF Young Leaders Programme

The ICMIF Young Leaders Programme is a unique programme for ICMIF members which takes place during the Federation’s Biennial Conferences. The Programme is designed for young professionals (generally aged 18 to 35) from mutual, cooperative and member-owned insurers who have been identified by their seniors as strong candidates to become future leaders within their organisations. It gives the […]

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P&V Assurances launches Fixiteasy: the first “all-in” platform for home repairs

Belgian ICMIF member P&V Assurances has launched Fixiteasy: the first “all-in” platform in Belgium that quickly finds authorised professionals to carry out home repairs. With a warranty for the work completed and online payment included. P&V Assurances is the first Belgian insurer to launch an online platform for housing-related repairs, from the request for intervention to […]

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Thrivent named one of the world’s most ethical companies for the 8th year in a row

US ICMIF member, Thrivent, a not-for-profit membership organisation that aims to help its members be wise with money and live generously, has been recognised by the Ethisphere Institute, as one of the 2019 World’s Most Ethical Companies. The Ethisphere recognition honours companies which recognise their critical role to influence and drive positive change in the […]

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Ten year edition of ICMIF’s Global Mutual Market Share report: statistics confirm a decade of growth for the mutual and cooperative insurance sector

The mutual and cooperative insurance market has been the fastest-growing part of the global insurance industry in the 10-year period since the global financial crisis, according to the Global Mutual Market Share 10 report launched today by the International Cooperative and Mutual Insurance Federation (ICMIF). This is a special 10 year anniversary edition of the […]

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ICMIF welcomes Berkley Re as a Supporting Member

ICMIF, the Federation representing the global mutual and cooperative insurance industry today announced the addition of a new Supporting Member, Berkley Re, which specialises in providing international property and casualty reinsurance worldwide. The International Cooperative and Mutual Insurance Federation (ICMIF) represents 197 member organisations in 66 countries which collectively wrote USD 232 billion in premiums […]

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Best’s Market Segment Report: Reinsurance – Will investor losses lead to a rising tide for reinsurance pricing?

Pricing in the global reinsurance sector remains disappointing following the 1 January 2019 renewals, according to a new report from ICMIF Supporting Member AM Best, as expected rate increases following heavy catastrophe losses in 2017-2018 did not come to fruition. The Best’s Market Segment Report, entitled, “Reinsurance: Will Investor Losses Lead to a Rising Tide for Pricing?,” […]

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ICMIF members in Argentina included in top ten of claims management survey

The results of a recent survey by the Centre for Public Opinion Studies in Argentina on the way insurers manage and pay customers’ claims show that four ICMIF member organisations feature in the top ten best-performing companies in 2018. The survey was carried out on behalf of NBS Banks and Insurance news website. The four ICMIF […]

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CLIMBS Institute for Financial Literacy to host a Cooperative Executive Masterclass in the Philippines: February 2019

The CLIMBS Institute for Financial Literacy (CIFL), a subsidiary of ICMIF member CLIMBS Life and General Insurance Cooperative, is partnering with the Co-operative College (based in Manchester, UK) to bring the College’s certificated Executive Education Programme to the Philippines for the first time ever. The course will take place on 21-23 February 2019 in Manila. The course will […]

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